Apple’s fiscal Q4 2026 iPhone revenue (July–September) will reflect a partial iPhone 18 Pro launch on September 18, price hikes implemented in June, and ongoing supply constraints noted in July guidance. Management projected mid-teens percentage growth year-over-year despite a roughly 2.5-point foreign-exchange headwind, while analysts anticipate stronger total revenue expansion around 12%. Strong early demand for the new Pro models in China, where Apple gained share amid a contracting overall smartphone market, supports the outlook, though the staggered launch of standard models and memory-cost pressures could limit upside. The November 2 earnings report, the first under new CEO John Ternus, will provide the initial full-quarter read on these dynamics and holiday-quarter guidance.